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Mathematics, 21.05.2020 22:58 ozzy1146

A panel of judges was rating the taste of different brands of potato chips. Ayane noticed a linear

relationship between the prices and the ratings for 20 different brands. Here is computer output from a

least squares regression analysis for predicting rating from price:

Predictor

Coef

-0.39

Constant

SE Coef

0.57

0.283

-0.687 0.499

8.9 0.000

Price

2.52

S = 0.7387

R-sq = 77.3%

Use this model to predict the rating of a brand that costs $3.00 per bag.

You may round your answer to the nearest whole number rating.

Predicted rating:

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Answers: 3

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